This paper summarizes, structures, and provides some context for discussions of the Round Table mentioned in the title. The first part of the paper focuses on sources of market power for airports and on policy responses. When an airport is congested and competition with other airports is...

Decisions on expanding airport capacity are often controversial. Environmental impacts mean airport planning decisions are subjected to thorough public scrutiny even when financed by private investors. Where public funds are to be invested, issues of competition between airports and between the...

In 2015, the Korean Government’s Ministry of Land, Infrastructure and Transport (MOLIT) launched a feasibility study for increasing airport capacity in the Youngnam Region of Korea, the southeast quarter of the country. The Ministry appointed a consortium formed by the Korea Transportation...

The Airports Commission was set up by the Government of the United Kingdom in 2012 to take an independent look at the UK’s future airport capacity needs. It has been tasked with setting out the nature, scale, and timing of steps needed to maintain the UK’s status as an international hub for...

The Airports Commission requires an external view on whether its forecasts yield plausible results, taking into account the ways in which the future of the aviation market may develop, prompted by comments received during stakeholder consultations on the forecasts and scenarios developed. This...